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Commerce · Q2914

Accounting

Graduate and Post Graduate · Commerce · question 2914

Q2914

When a bill is drawn by A on B, it is debited in the books of A to . . . . . . . .

A.
Cash account
B.
B's account
C.
Bills Receivable account
Answer
D.
Bills Payable account

Answer: Option C

Solution

Answer: Option C
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